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AETNA INS. CO. v. TEXAS THERMAL INDUSTRIES, INC.

No. 77-3504 Summary Calendar.

591 F.2d 1035 (1979)

AETNA INSURANCE COMPANY, Plaintiff-Appellee, v. TEXAS THERMAL INDUSTRIES, INC., et al., Defendants-Appellants, v. SMALL BUSINESS ADMINISTRATION et al., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

March 21, 1979.

Attorney(s) appearing for the Case

B. Reagan McLemore, III, Longview, Tex., for defendants-appellants.

C. Houston Abel, Asst. U. S. Atty., John Hannah, Jr., U. S. Atty., Tyler, Tex., for Small Business Adm.

J. Donald Guinn, Tyler, Tex., for Charles F. Dickerson.

Foster T. Bean, Kilgore, Tex., for Allied Citizens Bank.

Jerry Bain, Tyler, Tex., for Associated Adjusters, Inc.

Vernon I. Lay, Jr., Dallas, Tex., for Nytco Service, Inc.

Before BROWN, Chief Judge, COLEMAN and VANCE, Circuit Judges.

PER CURIAM:

This interpleader action requires resolution of three competing claims to the insurance proceeds due Texas Thermal Industries, Inc. (TTI) after its insured inventory was destroyed in a fire. The principal claimants are (1) the Small Business Administration (SBA), which bases its claim to the proceeds upon a UCC security interest in the inventory, accounts receivable, machinery and equipment of TTI, (2) the Internal Revenue Service, which is asserting various...

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